Category: Business & Markets

Vulnerabilities in Solar Panels Could Be Exposed by Chinese Hackers: Senator

The rush to net zero could leave gaping holes for Chinese-backed hackers to disrupt Australia’s energy grid, warns Senator James Paterson. Solar power is a key pillar in the march towards reducing emissions with Australia estimated to need 2.7 billion solar panels to reach net zero by 2050, according to estimates from the University of…


Tesla Recalling Nearly 16,000 of Its 2021–2023 Model S and Model X Vehicles Due to Seat Belt Issue

Tesla is recalling nearly 16,000 of its 2021–2023 Model S and Model X vehicles because some front-row seat belts may not have been reconnected properly after being repaired. Tesla said in its safety recall report that in the vehicles, a first-row seat belt was disconnected from its pretensioner anchor as part of a necessary step…


MacKenzie Scott’s $250 Million Open Call for Donations Yields Applications From 6,353 Nonprofits

NEW YORK—Billionaire philanthropist MacKenzie Scott’s first open call for grants yielded 6,353 applications from nonprofits—meaning candidates have at least a 4 percent chance of being selected for a $1 million grant. Lever for Change, the nonprofit overseeing the application process, said Wednesday that the applications came from all 50 states, Puerto Rico and the U.S….


Australians Warned Against Using Thumbs-Up Emoji Following Canada Ruling

Aussies who use a thumbs-up emoji in text messages, particularly in business scenarios involving official documents, are being urged to exercise caution after a Canadian court deemed the common emoji to be a valid signature. In a dispute before a Canadian court in June, the presiding judge said an emoji—in this case, a thumbs-up emoji—can amount…


WeChat Only Has a Few Hours Left to Respond to a Parliamentary Inquiry

WeChat has only hours left to respond to an Australian government inquiry after it refused to front a parliamentary inquiry earlier this month. Chair of the Senate Select Committee on Foreign Interference through Social Media, Senator James Paterson, said that he has sent WeChat detailed series of questions after it failed to appear to give…


Stock Market Today: Wall Street’s Rally Fizzles After Tesla and Netflix Fall

NEW YORK—Drops for Tesla, Netflix and other big tech-oriented stocks put the clamps on Wall Street’s torrid rally Thursday. The S&P 500 fell 30.85, or 0.7 percent, to 4,534.87, coming off its highest close since early April 2022 and its seventh gain in the last eight days. The Nasdaq composite dropped 294.71, or 2.1 percent,…


Google Testing New AI Tool That Can Write News Articles

Google is testing a new artificial intelligence tool that can write helpful news articles, in the latest sign that the technology may transform or potentially replace some white-collar professions. Google’s upcoming “Genesis” AI tool is being designed to act as a helpmate for journalists in the newsroom, anonymous sources told The New York Times in an exclusive July…


Dozens of Armed IRS Agents In Tactical Gear Raid Florida Business: Report

Dozens of armed IRS agents recently raided a Florida business, with witnesses telling a local news outlet that they were stunned by the show of force by the tax agency. At least 25 to 30 IRS agents in tactical gear executed a search warrant at a business in Stuart, Florida, last week, according to Fox…


[PREMIERING NOW] Defecting From the ‘Ultimate Propaganda Country’: Hyun-Seung Lee on North Korea’s Oppressive Regime, Its Relationship With China, and Its Nuclear Bluster

“I’ve communicated with some people inside of North Korea, and I heard from them that the recent famine is very similar to [the] 1990s famine. And, as we all know, almost 3 million people died of starvation during that time.” Hyun-Seung Lee, otherwise known as “Arthur” Lee, is a former member of the North Korean…


Defecting From the ‘Ultimate Propaganda Country’: Hyun-Seung Lee on North Korea’s Oppressive Regime, Its Relationship With China, and Its Nuclear Bluster

“I’ve communicated with some people inside of North Korea, and I heard from them that the recent famine is very similar to [the] 1990s famine. And, as we all know, almost 3 million people died of starvation during that time.” Hyun-Seung Lee, otherwise known as “Arthur” Lee, is a former member of the North Korean…